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Procedure for online trading involve(s) which of the following step(s)?I. Make an application to open a Demat Account and Online Trading Ac…

358668Medium DSSSB TGT Computer Science 0 replies 0 views

Procedure for online trading involve(s) which of the following step(s)?
I. Make an application to open a Demat Account and Online Trading Account.
II. Allocate funds from the bank account to the trading account.
III. Once the order is confirmed, it is placed in the stock exchange through the online trading system.

AII and III
BOnly III
CI, II and III
DI and II

Correct answer: C

Explanation

Online trading needs a Demat and trading account, funds allocated from the bank account, and placing the order through the exchange's online system. All three steps are involved.

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